Question # 1

Bank is asked to take care the property of his clinet is called.

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Bailee

Pawnee

Mortagagee

Trustee

Bill of exchange doesn't involved trade dealing.

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Trade bill

Accommodation bill

Both a and b

None of these

State Bank of Paksitan was established on

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1st July 1949

Ist July 1948

Ist July 1694

Ist July 1964

The supply of foreign exchange arises when.

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Goods are exported

Students comes of country

Sale of Foreign securities

All of these

Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue

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5%

10%

30%

100%

The amount of loan should be less than.

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Value of security

Market value

Face value

Hidden value

How many merits of credit card

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7

8

9

10

The other name of cash credit is.

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Overdraft

Cash finance

Runnign finance

None of these

Endorser of promissory note is a :

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Person who promises to pay

Person who receives the amount of note

Person in whose favour the rights are transferred

Person who trasfers the rights of note

Which of the following rate keeps the balance of payments in equilibrium

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Discount rate

Interest rate

Exchange rate

Market rate

Who is responsible for loan in case of joint customer:

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All partners of persons

Person having authority to deal with bank

Active partner

None of the above

The various kind of bank draft includes.

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Inland draft

Crossed bank draft

Foreign draft

All of these

In L.C. the other name of exporter's bank is.

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Paying bank

Advising bank

Negotiating bank

All of these

The various kinds of exchange rate includes.

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Official rate

Spot rate

Forward rate

All of these

A contractual relationship between bank and its customers.

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Debtor

Principal

Bailor

All of these

In Pakistan "ATM' was first of an introduced Ltd.

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Habib Bnak Ltd.

Allied Bank Ltd.

Muslim Commercial Bank Ltd.

National Bank of Pakistan.

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